Property Prices in Basra, Iraq

Index
Price to Income Ratio:	7.38
Mortgage as Percentage of Income:	68.67%
Loan Affordability Index:	1.46
Price to Rent Ratio - City Centre:	15.10
Price to Rent Ratio - Outside of Centre:	18.45
Gross Rental Yield (City Centre):	6.62%
Gross Rental Yield (Outside of Centre):	5.42%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	425,000.00 IQD	300,000.00-600,000.00
Apartment (1 bedroom) Outside of Centre	307,160.48 IQD	200,000.00-400,000.00
Apartment (3 bedrooms) in City Centre	833,333.33 IQD	750,000.00-900,000.00
Apartment (3 bedrooms) Outside of Centre	566,666.67 IQD	500,000.00-600,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	135,308.14 IQD	48,850.53-232,255.67
Price per Square Feet to Buy Apartment Outside of Centre	116,127.83 IQD	69,676.70-139,353.40
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	916,666.67 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.00

These data are based on 32 entries in the past 18 months from 5 different contributors.
Last update: February 2024

Sources and References

Nearby cities:

Property Prices in Az Zubayr	12.67 miles
Property Prices in Umm Qasr	46.49 miles
Property Prices in Al-qurnah	47.53 miles
Property Prices in Al-fuhud	91.64 miles
Property Prices in Al-'amarah	112.97 miles
Property Prices in Al-majarr-al-kabir	122.34 miles
Property Prices in An Nasiriyah	129.36 miles
Property Prices in Baghdadi	146.05 miles
Property Prices in Qal'at Sukkar	204.07 miles
Property Prices in Ad Diwaniyah	236.25 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	9,200.00
GDP Growth Rate:	7.01%
Population Growth Rate:	1.94%